Zojirushi raises full-year forecast on strong sales, favorable exchange rates

Zojirushi Corporation announced an upward revision to its consolidated financial results forecast for the fiscal year ending November 20, 2025. The company now expects net sales of JPY91,151 million, an increase of 1.3% from the previously announced JPY90,000 million. Operating profit is projected to reach JPY7,436 million, a 6.2% increase from JPY7,000 million, while ordinary profit is set to rise by 10.7% to JPY8,300 million from JPY7,500 million.

Profit attributable to owners of parent is significantly revised upwards by 24.6% to JPY5,980 million from JPY4,800 million. This translates to basic earnings per share of JPY92.30, up from JPY72.46. The previous fiscal year, ended November 20, 2024, saw actual results of JPY87,221 million in net sales and JPY6,462 million in profit attributable to owners of parent.

The revisions are primarily attributed to strong domestic sales of high-priced products like the "Embudaki" rice cooker and humidifiers, which exceeded previous year's results. Additionally, a weaker-than-expected yen exchange rate is anticipated to reduce foreign exchange losses, and the company plans to record a gain on negative goodwill from a Hong Kong company acquisition.